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Hawaii Real Estate Q&A Discussion Forum
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Updated over 3 years ago,

User Stats

215
Posts
252
Votes
Isi Nau
Pro Member
  • Real Estate Broker
  • Mililani, HI
252
Votes |
215
Posts

Hawaii Loan Forbearance Update

Isi Nau
Pro Member
  • Real Estate Broker
  • Mililani, HI
Posted

Some good news on loan forbearance in Hawaii.  Last week two key earnings reports came out from Bank of Hawaii and First Hawaiian.  Both showed significant reductions in loan deferrals!  With only 1-2% of loans now in deferral (down from 6% a few months ago) at this point in the pandemic is very good news.  If all goes well, loan forbearance will have little impact on Hawaii housing!  This good news, coupled with tourism far outpacing previous predictions, there is some pretty good light at the end of the tunnel.

https://www.staradvertiser.com...

https://www.staradvertiser.com...

  • Isi Nau